News Details – Smallcapnetwork
SMGY Hits The Road, SPKL Still Rolling
/

February 2, 2024

/

PDT

Dow Jones 13566.97 +44.95 1:32 pm PDT, October 22, 2007 NASDAQ 2753.93 +28.77 For info, visit access.smallcapnetwork.com S & P 500 1506.33 +5.70 Change your subscription status here Russell 2000 810.08 +11.29 VOLUME 07 : ISSUE 100 SMGY Hits The Road, SPKL Still Rolling  It's been another busy week for the Small Cap Network, and small cap stocks in general. I can personally tell that it has because my two typing fingers are starting to hurt. We've got a handful of those news items to get through today - all of it good. And, if you're a regular reader of the blog, you don't need me to tell you it's been in high gear recently.  Specifically, Titan Global (OTCBBL: TTGL), MIV Therapeutics (OTCBB: MIVT), and Spicy Pickle (OTCBB: SPKL) have all been hot topics, mostly due to some nice realized and unrealized gains.  We've got some more favorable information for Spicy Pickle today. Plus we have exciting news from Smart Energy Solutions (OTCBB: SMGY).   Smart Energy Takes The Show On The Road  First up - Smart Energy. Just a few moments ago they announced they'd be present at this year's Automotive Aftermarket Products Expo (AAPEX), as well as the Specialty Equipment Market Association (SEMA) Show. Both events will be held in Las Vegas, Nevada next week as part of the Automotive Aftermarket Industry Week (AAIW) event. The full press release is below.  This is a big deal because it's not just another show - it's the automotive aftermarket show. Only industry professionals are permitted to attend. More importantly, it's a chance for Smart Energy to really tout their Battery Brain(tm) in front of the perfect target audience. Last year more than 50,000 of the 100,000+ attendees were industry professionals who had some buying authority.  What the press release didn't really indicate is the most exciting part...this is the third time Smart Energy has been to this show. Each time these guys show up, their creditability rises. And, the idea of the Battery Brain starts to peak the attending vendors' curiosity. If any of you attend or host industry trade shows on a regular basis, you'll know there's a bit of psychology involved when it comes to making a dent with your display. The first year, someone may notice a booth but not approach it. The second year, attendees may approach and inquire, but not follow up. The third year - having seen you're the real deal and are going to be around for a while - attendees are far more likely to take the plunge and place a few orders. Point being, the results build gradually. This being the third year, we think traction should be very good. That being said, we know these shows can and do work. Smart Energy met the guys from Canadian Tire at this show, and eventually were able to put Battery Brains in all 460 Canadian Tire stores. In fact, a lot of the vendor/dealer agreements Smart Energy has were initiated at shows like this one. So, we're exited about the potential of 2007's expo.  As for the stock, I know some of you may be looking at the current trading level and comparing it to August's, and then wondering what happened. If I might direct your attention to the volume here. Or, more specifically, may I point out the lack of bearish volume?  While the stock is indeed lower, the volume has arguably been bullish; low opens with high closes have been pretty common. A couple of the bigger daily gains have been on heavier-than-normal trade. Moreover, the bigger daily dips have been on extremely light volume. The point is, the current valuation doesn't entirely reflect the majority opinion.  I think this is just going to be one of those stocks we have to be patient with. The sellers are not out en masse...it's just that the next wave of buyers are waiting for something. The AAIW shows and resulting traction may be the catalyst over the next several weeks. Stay tuned here - I think Smart Energy is about to turn the heat up.    Spicy Pickle, Take Two  Speaking of traction, Spicy Pickle is still getting plenty. We learned today they opened two more stores last week.  No this isn't a repeat of the news from October 9th. They announced two more stores had been opened that day as well. With today's two on top of the two from the 9th, the grand total of units now in operation is 30. They've got 10 more on schedule to be open by the end of the year, with 50 more franchise agreements signed and ready to start building after that.  What I like best about today's news is not the numbers, but the geography. The two stores opened last week were in Hattiesburg, Mississippi and Indianapolis (Fishers), Indiana. In both cases it was the first store in the area, though not the last. At least two more are scheduled to roll in Hattiesburg, and nine more are on tap for the Indianapolis area. I see something of a chain reaction brewing here. Each new market exposed to a Spicy Pickle makes it easier for the next new market to be entered. With seeds now planted in Indiana and Mississippi, the company's reach now covers 40 markets in 13 states. At the current growth rate, can 20, 35, or even 50 states be too far off? I have to admit the whole thing has me wondering.  In the meantime, the stock has been going nuts...in a good way. Most of you already know I suggested taking your profits at $1.40 on the 10th and waiting for a pullback before stepping in again. Then on the 17th I basically begged you to do the same when SPKL reached a high of $2.02. That turned out to be the right call for a couple of days, but the buyers are at it again shortly after a gap was closed this morning.  Having had a chance to really think about it, I still believe some profit-taking is the thing to do here. I don't know that I'd be a buyer just yet. I'm looking at the short-term upside potential versus the downside risk, and with an overbought stock as well as two remaining gaps on the chart, I just can't rectify the risk and reward possibilities at a levels near $2.00....at least not yet. Maybe a few weeks from now I could, but not as of October 22nd. Instead, what I'd like to see is at least a full 38.2% retracement before thinking about accumulating some more. That's at the $1.43 mark. Even better would be a 61.8% retracement. That would mean a move to $1.07, and would close the gap from the 10th. However, based on how strong shares have been acting of late, I don't know if we'll get to see shares at $1.07 again. Who knows...maybe this thing will blast past $2.02 tomorrow in another huge breakout move. I think it's definitely worth keeping an eye on either way.  Anyway, click here for the Spicy Pickle news report. The Smart Energy press release appears below.    SMART ENERGY SOLUTIONS TO EXHIBIT AT THE AUTOMOTIVE AFTERMARKET EVENT OF THE YEAR  Pompton Plains, NJ - October 22 - Smart Energy Solutions, Inc., (OTCBB: SMGY), inventor and manufacturer of the innovative Battery Brain(tm) vehicle aftermarket device, today reported that it will be exhibiting its innovative product line at both the 2007 AAPEX (Automotive Aftermarket Products Expo) (Booth # 2675) and the SEMA (Specialty Equipment Market Association) Show (Booth # 10818) in Las Vegas, Nevada during the upcoming Automotive Aftermarket Industry Week (AAIW) from October 30 - November 2, 2007.  Automotive Aftermarket Industry Week (AAIW) is comprised of the AAPEX and the SEMA shows, which target specific automotive markets. With nearly 4,000 exhibitors representing thousands of established and new products, the AAIW is one of the largest automotive shows in the world.  AAIW is reserved for automotive industry professionals. No other trade event or trade show offers as many qualified buyers and distributors from all segments of the automotive aftermarket. More than 115,300* professionals from every corner of the global automotive aftermarket community attended AAIW 2006 - more than 51,500* of them were buyers with purchasing power. More than 2,067 exhibitors displayed their products at the Automotive Aftermarket Event of the Year.  The SEMA Show is the premier automotive specialty products trade event in the world. It draws the industry's brightest minds and hottest products to one place, the Las Vegas Convention Center. As part of the AAIW, the SEMA Show attracts more than 100,000 industry leaders from over 100 countries for unlimited profit opportunities in the automotive, truck and SUV, marine and RV markets.  AAPEX, at the Sands Expo & Convention Center, is the world's largest business-to-business event for the $267 billion Automotive Aftermarket Industry. Attendees include manufacturers, wholesalers, warehouse distributors, jobbers, retailers, independent service providers, technicians, parts stores, manufacturers' reps, exporters, importers and packagers from the U.S. and international buyers from 151 countries. It is sponsored by the Automotive Aftermarket Industry Association (AAIA) and the Motor & Equipment Manufacturers Association (MEMA).  Battery Brain(tm) is Smart Energy's flagship device that constantly monitors electrical discharge of the battery for nearly all kinds of vehicles including autos, SUVs/trucks, medium and heavy duty trucks, military, buses, RV's, boats, commercial vehicles and personal watercraft. Should Battery Brain(tm) detect that the battery is losing the required charge needed to start the vehicle's engine, the device automatically disconnects the battery to preserve its starting power. In addition, Battery Brain(tm) offers a built-in anti-theft feature and will extend the life of the battery  About Smart Energy Solutions  Smart Energy Solutions, Inc. (OTC BB:SMGY) is the sole owner of the Battery Brain line of vehicle accessory products. The company is headquartered in Pompton Plains, NJ, with operations in, Zhuhai, China, Petach Tikva, Israel and Pompton Plains, NJ. Visit http://www.smgy.net.  Forward-Looking Statements:  Actual results could differ materially from any forward-looking statements contained in any Smart Energy Solutions press release. All statements made in this press release are made as of the date of the release and could change due to unknown risks and uncertainties.  Contacts:  Investor Contact  Ed Braniff, Smart Energy Solutions, 973-248-8008, ed.braniff@smgy.net  Paul Holm, H.L. Lanzet, Inc - 212-888-5470, lanzet@aol.com    We Value Your Feedback   Got comments, questions or suggestions? Send 'em on over: Email the Editor If you wish to send a written request or inquiry, please send it to our physical address: TGR Group, LLC 4653 Carmel Mtn Rd Suite 308 #402 San Diego, CA 92130 Commerce Planet Surges on National Exchange Listing Talk I have to admit I had mixed feeling about bringing your attention back to this small cap stock. But, being the Small Cap Network - and knowing our readers are pretty savvy traders - I figured you at least deserved to know that our former small cap stock pick Commerce Planet (CPNE) is starting to talk about a national exchange listing. And based on what we've seen so far, the market is fairly pleased about it.  If you were following the newsletter in the early part of last year, then odds are you made a ton of money on Commerce Planet. We started following the stock on March 22nd when shares were priced at 19 cents. The company was doing everything right at the time, so much so that by February 20th of this year the stock peaked at $3.48. It was the kind of trade that reminds you of why you're interested in small caps in the first place.  Then shortly after that, things changed. The company finally started to face hurdles - as all companies do. But, the constant investor communication completely dried up. You couldn't get a peep out of these guys about what was going on. The drought lasted for the better part of 2007, as the stock dwindled back to as low as 62 cents. The 50 day moving average line acted as resistance for most of that downtrend.  Well guys, today's news may be just what the doctor ordered. CPNE shares are up big today, and above the 50 day average for the first time since March, on the news of a potential national listing. Is this a breakout move? I don't know. It sure looks like it could be, but maybe it'll be a one-day wonder. The volume sure looks good, but given this stock's history, I think I'd wait and see where this really goes...if it goes. Just wanted you to know in case you felt there's something there. Click here to see the chart .    MIV Therapeutics Announces Early Results for Heart Stents No real surprises here...we mentioned this micro cap biotech stock was probably moving for a reason, and today our guess was confirmed. MIV Therapeutics (MIVT) presented some impressive news at Transcatheter Cardiovascular Therapeutics (TCT) conference being held this week in Washington, D.C. The VESTASYNC heart stent - the one they've been working on forever - seems to be safe as well as effective, at least at the four-month mark.  In 13 of the 15 patients implanted with the hydroxyapatite-coated stent, the results and physical impact of the stent are well within acceptable tolerances. Most importantly, there's no evidence of thrombosis whatsoever. That was the key goal behind the stent's coating, as other coated stents have recently been implicated in major problems with post-stent-implant complications...most thrombosis.  Though I'm no biotechnician, this sounds very encouraging. I know four months isn't a long time, but considering they bothered to present anything at all this soon tells me it's worthy data. The efficacy to-date has been good enough to merit the planning of a wider-scale test of the same stent.  The stock was actually off a little today in the wake of the news. However, I also think the blast-off from a month ago was ultimately driven by this news - even before it was official.  At this point I believe the next milestone for MIVT is at 70 cents and 74 cents. We saw a handful of peaks there earlier in the year. If we can get past that zone with this recent push, maybe MIVT will be one of our Cinderella stories for 2007.  Click here for the news release, and click here for the chart. Subscribe Information is power and timely information is profitable. Become informed and profit from Small Cap Network Profiles and Trading Alerts by becoming a Preferred Member today. There is no cost associated with your email subscription. Add your email address below and make sure to check your email inbox and confirm your opt-in request to start receiving the Small Cap Network Email Newsletter on a regular basis. To ensure newsletter delivery, you can add any additional email addresses you may have to the Small Cap Network Member List. Receiving the Small Cap Network Newsletter in multiple locations is the best way of making sure you don't miss the next investing or trading opportunity! For web based email addresses, the Small Cap Network recommends @yahoo.com or @aol.com for timely and reliable email newsletter delivery. Subscribe Here Note: Your email address will be kept strictly confidential, and will not be shared with any other entity for any purpose at any time. If you no longer wish to receive the Small Cap Network Newsletter, simply follow the instructions located at the bottom of every Small Cap Network Newsletter Edition. Unsubscribe Here D I S C L A I M E R: The Small Cap Network, its website and email newsletter (hereafter, cumulatively referred to as "SCN") , is an independent electronic publication committed to providing its readers with factual information on select publicly traded companies. SCN is owned and operated by TGR Group, LLC ("TGR"). All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. Moreover, as detailed below, TGR accepts compensation from third party consultants and/or companies, which it features in the publication and circulation of SCN. To the degrees enumerated herein, SCN should not be regarded as an independent publication.  Click Here or go to http://access.smallcapnetwork.com/compensation_disclosure.html to view our compensation on every company we have ever covered, or visit the following web address: http://access.smallcapnetwork.com/profile_disclosure.html for our full profiles and http://access.smallcapnetwork.com/short_term_alerts.html for Trading Alerts.  Larry Isen, the editor and publisher of the OTC Journal, through various entities he controls, has purchased 1,200,441 shares of Spicy Pickle at an average cost of $.2125 per share. These purchases were made in Spicy Pickle private offerings. The aforementioned purchases were made between August of 2005 and August of 2006. In addition, Larry Isen has received 785,000 shares of Spicy Pickle common stock for consulting services. In addition, MarketByte LLC, an entity controlled by Larry Isen, has received a fee of $30,000 cash, and 300,000 newly issued restricted shares for coverage of Spicy Pickle. TGR Group LLC, the publisher of the Small Cap Network, has received $30,000 and 300,000 newly issued restricted shares for coverage of Spicy Pickle. Mr. Isen is an affiliate of TGR Group. In addition, two other individuals affiliated with TGR Group have purchased a total of 300,000 shares at $.25 per share and received an additional 70,000 for consulting services. Current positions of the aforementioned can be found at www.otcjournal.com and access.smallcapnetwork.com in the Spicy Pickle information section.  TGR Group, LLC has been paid a fee of $30,000 cash and 350,000 shares of newly issued restricted stock by Smart Energy Solutions for coverage of the Company. TGR Group LLC has been paid a fee of $30,000 cash by Titan General for coverage of the company. In addition, TGR Group LLC has been pledged a fee of 100,000 warrants convertible at $1 into restricted shares by Trilogy Capital for coverage of the company.  From March of 2005 through July of 2006, TGR Group LLC was paid a fee of $40,000 by MIV Therapeutics for coverage of the company. In addition, TGR Group LLC was also awarded 272,000 warrants with an exercise price of $.26 by Trilogy Capital Partners for coverage of MIV Therapeutics. All of the aforementioned warrants have been exercised and shares have been sold in the open market. On April 3rd of 2007, MIV Therapeutics renewed coverage and paid TGR Group, LLC $30,000 in cash and 100,000 warrants, convertible into restricted shares at $.50. In addition, TGR Group has been awarded 190,000 warrants, convertible at $.50 into free trading shares, by Trilogy Capital Partners for coverage of the company. TGR Group LLC has been paid a fee of $60,000 by Commerce Planet for coverage of the company. In addition, one of the principles of TGR Group LLC is also a principle of MarketByte LLC. In a separate contractual relationship in 2004, MarketByte LLC was paid a fee of $25,000 in cash and 750,000 newly issued, restricted shares by Commerce Planet for coverage of the company. The aforementioned shares are all currently eligible to be free trading. The term of MarketByte's obligation to Commerce Planet has expired. From time to time TGR sells shares received as compensation for coverage of client companies. Shares received are sold in the open market. Since the shares are received as compensation for services as previously disclosed, and not for investment purposes, TGR does not view the sale of the shares as contradictory to any opinions delivered in the content. This should be viewed as a conflict of interest by shareholders or prospective shareholders of the client companies.  TGR, its Members and Members' families, are forbidden by company policy to own, buy, sell or otherwise trade stock for their own benefit in the companies who appear in the publication unless specifically disclosed.  All statements and expressions are the sole opinions of TGR and are subject to change without notice. A profile, description, or other mention of a company within SCN is neither an offer nor solicitation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein.  The profiles, critiques, and other editorial content of SCN may contain statements that appear foward relating to the expected capabilities of the companies mentioned herein.  THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF TGR.  We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.